open market

Ten members of the Federal Open Market Committee indicated in September that they thought the Fed should cut rates twice more by year end.

Bostic is currently a nonvoting member of the Federal Open Market Committee.

Every quarter, Federal Open Market Committee participants turn in a projection of interest rates for the next several years.

Both brands are independently developing self-owned intellectual properties, and management expects open market competition between the two to help optimize the group’s overall competitiveness and pricing power, the analysts said after meeting with Miniso executives and visiting stores.

The Federal Open Market Committee lowered the fed-funds rate by a quarter percentage point to a target range of 4%-4.25% at the September policy meeting because of concern about growing labor market weakness.